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                                                                                                                                              Appendix C



                                                                             Agency Action Plan                                                    Action
                                                                                                                                 Reason for
                                                                                                Target                                             Taken/
                                                                                                                Status of     Partial/Delay/Non-
  Ref      Audit Observations         Audit Recommendations        Action   Person/Dept.    Implementation                                         Action
                                                                                                             Implementation   Implementation, if
                                                                    Plan    Responsible          Date                                               to be
                                                                                                                                  applicable
                                                                                           From To                                                 taken
          cards. Moreover, lots         Budget Officer to
          owned by the LGU have         allocate funds for the
          no certificates of title.     titling thereof.

                                    43. Likewise, instruct the
                                        City Accountant to
                                        review     the    land
                                        account and record in
                                        the books of accounts
                                        those lots that are
                                        owned by the City.
                                        Moreover, the value
                                        of the lots which will
                                        be determined by the
                                        City         Appraisal
                                        Committee shall also
                                        be recorded in the
                                        books of accounts to
                                        avoid understatement
                                        of assets. However,
                                        attention    is   also
                                        directed pertaining to
                                        the recording of the
                                        value of the lot as
                                        provided in Paragraph
                                        46 of the IPSAS (Ba),
                                        Volume       II    and
                                        Paragraph 7 of the
                                        same regulation.
2009AAR   Despite the lapse of over 44. To protect the interest
          two years, the lot            of the City, we
          purchased by the City of      recommended         that
          Canlaon           lacked      Management facilitate